Entain's Strategy Supports Growth -- Market Talk

Dow Jones
03-19

1018 GMT - Entain's strategy is paying off with steady growth, Peel Hunt analysts Ivor Jones and Douglas Jack write in a note. The London-listed sports-betting and gambling group is well-positioned for sustained improvement in cash flow, the analysts say. Entain's 2028 target for adjusted cash flow of more than 500 million pounds is encouraging. The U.K. brokerage expects the company to appoint a permanent chief executive and report solid growth during 2025. Shares are down 0.9% at 651 pence. (najat.kantouar@wsj.com)

 

(END) Dow Jones Newswires

March 19, 2025 06:18 ET (10:18 GMT)

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